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In this paper we revisit the relationship between democracy, redistribution, and inequality. We first explain the … theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail …: democracy does not lead to a uniform decline in post-tax inequality, but can result in changes in fiscal redistribution and …
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redistributive than a nondemocratic regime, and this gives the elite an incentive to mount a coup. Because inequality makes democracy … relationship between inequality and redistribution is nonmonotonic; societies with intermediate levels of inequality consolidate … democracy and redistribute more than both very equal and very unequal countries. We also show that asset redistribution, such as …
Persistent link: https://www.econbiz.de/10014175752
Because of their more limited inequality and more comprehensive social welfare systems, many perceive average welfare … entrepreneurs (thus greater inequality) increases entrepreneurial effort and hence a country's contribution to the world technology … “cutthroat” capitalism that generates greater inequality and more innovation and will become the technology leaders, while others …
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During Egypt's Arab Spring, unprecedented popular mobilization and protests brought down Hosni Mubarak's government and …
Persistent link: https://www.econbiz.de/10013006014
During Egypt's Arab Spring, unprecedented popular mobilization and protests brought down Hosni Mubarak's government and …
Persistent link: https://www.econbiz.de/10010960442